I agree I used RentRedi before the Bigger Pockets endorsement.

I agree I used RentRedi before the Bigger Pockets endorsement.

Its tough to know from this information as the endorsements offered are equally important to the coverage limits.

I agree I used RentRedi before the Bigger Pockets endorsement.

The property was recently flipped (built in 1977), and while it looks nice cosmetically, we’re waiting on inspection and permit info to confirm what was actually updated.Major updates already done:Roof replaced in 2021Solar panels on roof in 2024HVAC 1–2 years oldWater heater 4 years oldVinyl fence 2 years oldOur challenges so far: Insurance is insanely expensive, cheapest quote we’ve seen is $3,700/year, and that doesn’t even include the landlord endorsement.

A good rule of thumb is to make this a requirement in the contract, and get a copy of the endorsement, relying solely on an insurance certificate that states "additional insured" normally isn't sufficient.

Also I am highly suspect of a company that would use an endorsement on their hope page of the controversial author Regina Jackson, whose claim to fame is hosting expensive workshops and writing books that claim all white people are racists. 

However, I turned over to my carrier the letter along with the contract between my entity and the general contractor, and the insurance certificates and endorsements from the general contractor and the framing contractor who each added my entity as additional insured.

Having an SEC registered REIT, along with several positive reviews and endorsements from actual investors, instilled a great deal of confidence in me.

The way around this is usually to have your broker add an Agreed Value endorsement.